municipality ratings

Learn About Municipality Ratings

Municipality ratings provide an assessment of the financial management and fiscal capacity of cities, regencies, provincial governments, and other agencies in Indonesia, as well as of the creditworthiness of any debt securities issued by them.

PEFINDO’s rating is determined by three main factors: institutional framework, individual credit profile and financial management.

A Fiscal Capacity Assessment is an in-depth analysis of the ability of a local or regional government to generate sufficient revenue from taxes and other revenues to finance public service responsibilities.